“Most lenders have this major gap in their product suite, and are not offering renovation loans. RenoFi provides the platform that makes it seamless for a lender to offer renovation loans without hiring new staff,” Goldman told HousingWire. “It just integrates with their existing infrastructure.” RenoFi’s goal is to solve a problem faced by many homeowners who want to renovate but don’t have established equity in their homes that they can tap into.

https://www.housingwire.com/articles/renofi-raises-6-4-million-to-help-lenders-offer-home-renovation-loans/